I think that the intent was to prevent breaking a single UoP into components.

However, I’m not sure if the fact that the businesses and properties being owned by Virginia LLCs prevents the asset protection and anonymity that I’m looking for.

Secondly, I would get that leak fixed asap to prevent this happening again.

This does not prevent any Member from selling their house, refinancing, or purchasing additional property after closing as long as they meet the occupancy requirement.NACA puts a $25,000 soft-second lien on the property to ensure that the Member lives in the property for as long as they have the NACA Mortgage.

This allowed us to not only tap into the tourism market but also gave us access to traveling medical professionals and students as well that would provide long term tenants if we were prevented from continuing with the STR model.Although we still have a long ways to go to meet our goals, we are excited for the foundations we had setup for this property to this point.

It also prevents giving me the added burden of additional debt liability should something happen and there be massive unemployment or another rent moratorium in the short term.

Additionally, consider using a secure payment method for the deposit to prevent issues.

Follow all legal requirements to prevent any problems or fines.

And while true, my main goal is to try and prevent having to do those steps, because they are a huge pain.

Bonus depreciation and Section 179 allowances for improvements can be utilized, with the latter, however, capped at zero to prevent negative losses.